Ithala Home Loan – Do you want to improve your family’s home, build your house from the ground in the urban or rural places? You might want to consider Ithala Home Loan which gives you all the opportunities for making your dream home a reality. They offer secured loans for registering a mortgage bond against your property or registering a cession in the case of a rural title.
Why choose Ithala Home Loan?
The home loan offers you the opportunity to build, buy, improve, renovate or extend your house while you are economically active. Loan amount are up to 100% of the property value with a flexible repayment terms or up to 360 months (30 years) at a competitive interest rates. To avoid having the loan been handed over to your family, the loan amount is paid before retirement. You are also allowed to use equity for additional funds you may need and or to manage your existing debts.
Who qualifies for the Ithala Home Loan?
To apply for Ithala Home Loan, you must be above the age of 18 years with a valid South African ID and a proof of residential address. Must be self-employed or permanently employed for at least six months earning a minimum of R3 500 a month. Must provide proof of income and the latest three months banking statement of the account which your monthly income is paid. The property must be in KwaZulu-Natal area.
Ithala Home Loan Contact Details
To learn more on how you can apply for the Ithala Home Loan, please speak to their professionals by calling +27 (0) 80 133 1130. You can also visit their website to read more and use some of the tools available for helping people make the right decisions when working on their homes. Alternatively just visit one of the Ithala branches near you to get more hands on help.